Source: Airbnb reported a loss of $276.4M in Q4 before COVID-19 hit, nearly doubling YoY from $143.7M; revenue was up 32% to $1.1B, and it has $2B+ in the bank
and guidance for Q1 was 25% growth. However — that projection was pre-virus frenzy and pre Trump's Europe travel ban https://www.bloomberg.com/... via @technology Olivia Solon / @oliviasolon : not a great year to IPO https://www.bloomberg.com/... Eric Newcomer / @ericnewcomer : Airbnb revenue grew 32% y/y in 4Q to $1.1B 4Q adjusted EBITDA loss reached ($276.4M) https://www.bloomberg.com/... @livcarville Ken Yeung / @thekenyeung : Airbnb's losses almost doubled in the fourth quarter of last year, even before the coronavirus pandemic https://www.bloomberg.com/... via @technology Zac Hall / @apollozac : I think my last Airbnb reservation was cancelled over coronavirus. Bad timing. https://twitter.com/... Sar Haribhakti / @sarthakgh : Patent trolls going to patent troll, pandemic or not https://twitter.com/...
Airbnb's bookings are tanking in major cities world-wide amid the #coronavirus pandemic, new data show, compounding the pain for the home-sharing giant as it mulls listing in a turbulent market. @Preetika_Rana has the story: https://www.wsj.com/... https://twitter.com/...
“I survived guests stealing my car, guests burglarizing my home, guests with drug paraphernalia and even guests operating a suspected pop-up brothel. Coronavirus has been the worst and will force me to close” https://www.wsj.com/...
Airbnb bookings are tanking in major cities as the coronavirus spreads, compounding the home-sharing giant's pain as it mulls going public in turbulent markets https://www.wsj.com/...
in light of Airbnb's earnings oopsie it's worth remembering that long before covid-19, the platform had *serious* racism problems both stateside and from east asian hosts abroad https://www.bloomberg.com/... https://twitter.com/...
Exclusive @WSJ: Here's how Airbnb bookings have tanked world-wide. U.S. listings are nearly empty through the summer. My latest. https://www.wsj.com/... #CoronavirusPandemic https://twitter.com/...
Timing is not on Airbnb's side with these numbers even before the coronavirus took a hit to global travel. This all during a climate where market volatility is making it near impossible to take companies public + @theinformation piece on restricted stock. https://www.bloomberg.co…
Few things to point out here: Revenue growth up 32% yoy in Q4 — and guidance for Q1 was 25% growth. However — that projection was pre-virus frenzy and pre Trump's Europe travel ban https://www.bloomberg.com/... via @technology